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Reps approve tax reform bills, retain VAT at 7.5 percent

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Reps approve tax reform bills, retain VAT at 7.5 percent

The house of representatives has considered and adopted the committee on finance’s report on the tax reform bills.

During the plenary on Thursday, James Falake, chairman of the committee on finance, moved a motion for the clause-by-clause consideration of the bills’ report.

The reports were subsequently considered, and the committee’s recommendations were approved.

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